NOT LISTED FOR SALE

5608 Lancaster Hwy Monroe, NC 28112

Estimated Value: $528,529 - $581,000

3 Beds
2.5 Baths
2,340 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $345,000 $147 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,072/month

32 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • Garden Bath
  • Wood Flooring
  • Shed
  • Level Lot

About This Home

As of February 2020

COUNTRY LIVING AT ITS BEST! Beautiful 3 bedroom 2.5 bath Custom built brick Ranch home nestled on 1.7 acres. Located in Prospect/Parkwood school district. Spacious light & bright open floor plan. Large family room with fireplace, built-ins and hardwood floors. Tons of flowing natural light peering into the living room, dining area & Sun-room. Sun-room with french doors could be turned into an office. Kitchen features plenty of cabinetry, counter space & a computer niche. Large laundry room contains plenty of cabinet storage and a large pantry. Split bedroom floor plan with large master suite boasts tray ceiling & private bath with walk-in shower & garden tub. All secondary bedrooms are spacious with large closet space. Over-sized garage contains an attic with tons of storage. No HOA. Extra long asphalt drive can park 4+ cars, a boat or camper. Gorgeous backyard great for entertaining with split rail fencing. Large work shop in back contains a kitchen, half bath and attic space.

Last Agent to Sell the Property

Kimberly Parker

RE/MAX Results License #309846 Listed on: 10/22/2019

RE/MAX Results

Last Buyer's Agent

Mary Alice Lee

ProStead Realty License #236043

ProStead Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 1.72

Parking

  • Workshop in Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 04-282-001-B

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98571
  • Ratio Close Price By Original Li: 0.92000
  • Ratio Current Price By Acre: 200581.40
  • Ratio Current Price By Sq Ft: 147.44
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Security System, Wall Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Freezer in the garage
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Garage Shop, Garden Tub, Pantry, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2340
  • Total Sq Ft: 2340
  • Sq Ft Unheated Main: 224
  • Sq Ft Unheated Total: 224

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Driveway, Garage - 2 Car, Keypad Entry, Parking Space - 4+

Utilities

  • Heating: Central Air, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Level
  • Parcel Number: 04-282-001-B
  • Zoning Specification: RA-40

Tax Info

  • Tax Value: 234100.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Feb 6, 2020
Sold by
Richardson Terry M
Bought by
Dennison Sammy and Humphrey Kimetha
Seller's Agent
Kimberly Parker
RE/MAX Results
Buyer's Agent
Mary Alice Lee
ProStead Realty
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Current Estimated Value
$550,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,632
Avg. Annual Appreciation
8.55%
Original Mortgage
$81,000
Outstanding Balance
$71,883
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$478,749
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dennison Sammy $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennison Sammy $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $345,000 -1.4% $147 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/15/2019 11/15/19 Price Changed $350,000 -6.7% $150 / Sq Ft
10/22/2019 10/22/19 For Sale $375,000 -- $160 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,278 $354,200 $29,400 $324,800
2023 $2,247 $354,200 $29,400 $324,800
2022 $2,247 $354,200 $29,400 $324,800
2021 $2,232 $354,200 $29,400 $324,800
2020 $1,805 $234,050 $20,350 $213,700
2019 $1,840 $234,050 $20,350 $213,700
2018 $1,840 $234,050 $20,350 $213,700
2017 $1,961 $234,100 $20,400 $213,700
2016 $1,897 $234,050 $20,350 $213,700
2015 $1,929 $234,050 $20,350 $213,700
2014 $1,790 $256,960 $37,740 $219,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3562091

Canopy MLS (Canopy Realtor® Association)

APN: 04-282-001-B